Basis: Trailing twelve months (TTM net income over TTM revenue). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the net profit margin high or low?
The net profit margin of 33.39% is 13% below its 5-year average of 38.40%, around the middle of its 5-year range (13.56%–79.58%).
1.28% below its 12-month average of 33.82%.
Reported quarterly profit margin; no daily interpolation. Q2 FY2026 (2026-06-30): 20.02%.
NET PROFIT MARGIN
33.39%
NET PROFIT MARGIN AVG TTM
33.82%
NET PROFIT MARGIN AVG 3Y
35.48%
NET PROFIT MARGIN AVG 5Y
38.40%
NET PROFIT MARGIN AVG 10Y
37.95%
NET PROFIT MARGIN AVG 15Y
37.06%
NET PROFIT MARGIN AVG 20Y
35.08%
CURRENT VS TTM AVG
-1.28%
CURRENT VS 3Y AVG
-5.89%
CURRENT VS 5Y AVG
-13.04%
CURRENT VS 10Y AVG
-12.02%
CURRENT VS 15Y AVG
-9.91%
CURRENT VS 20Y AVG
-4.82%
SECTOR MEDIAN · REAL ESTATE
22.38%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+49.16%
vs the sector median at left
AvalonBay Communities, Inc.
Market Cap
$26.28B
Net Profit Margin
33.39%
TTM Avg
33.82%
3Y Avg
35.48%
5Y Avg
38.40%
Market Cap
$27.23B
Net Profit Margin
67.50%
TTM Avg
69.44%
3Y Avg
62.86%
5Y Avg
65.23%
Market Cap
$23.87B
Net Profit Margin
27.91%
TTM Avg
35.44%
3Y Avg
32.09%
5Y Avg
36.33%
Market Cap
$28.83B
Net Profit Margin
27.96%
TTM Avg
27.23%
3Y Avg
32.24%
5Y Avg
35.89%
Market Cap
$32.28B
Net Profit Margin
25.83%
TTM Avg
-24.51%
3Y Avg
-0.88%
5Y Avg
5.31%
Market Cap
$19.24B
Net Profit Margin
34.51%
TTM Avg
32.70%
3Y Avg
25.36%
5Y Avg
18.81%
Market Cap
$33.59B
Net Profit Margin
5.54%
TTM Avg
2.51%
3Y Avg
4.82%
5Y Avg
6.26%
Market Cap
$17.44B
Net Profit Margin
21.63%
TTM Avg
38.59%
3Y Avg
31.72%
5Y Avg
33.14%
Market Cap
$16.37B
Net Profit Margin
23.14%
TTM Avg
19.43%
3Y Avg
19.34%
5Y Avg
16.87%
| NAME | MARKET CAP | NET PROFIT MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AvalonBay Communities, Inc. (AVB) | $26.28B | 33.39% | 33.82% | 35.48% | 38.40% |
| VICI Properties Inc. (VICI)vs › | $27.23B | 67.50% | 69.44% | 62.86% | 65.23% |
| Equity Residential (EQR)vs › | $23.87B | 27.91% | 35.44% | 32.09% | 36.33% |
| Extra Space Storage Inc. (EXR)vs › | $28.83B | 27.96% | 27.23% | 32.24% | 35.89% |
| Crown Castle Inc. (CCI)vs › | $32.28B | 25.83% | -24.51% | -0.88% | 5.31% |
| SBA Communications Corporation (SBAC)vs › | $19.24B | 34.51% | 32.70% | 25.36% | 18.81% |
| Iron Mountain Incorporated (IRM)vs › | $33.59B | 5.54% | 2.51% | 4.82% | 6.26% |
| Essex Property Trust, Inc. (ESS)vs › | $17.44B | 21.63% | 38.59% | 31.72% | 33.14% |
| Invitation Homes Inc. (INVH)vs › | $16.37B | 23.14% | 19.43% | 19.34% | 16.87% |
| Weyerhaeuser Company (WY)vs › | $15.86B | 6.84% | 5.13% | 9.91% | 12.63% |
Operating Margin
28.4%
Net Profit Margin
33.4%
Net Profit Margin = Net Income / Revenue
Net profit margin is the percentage of revenue that becomes net income after all expenses, taxes, and interest.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | NET PROFIT MARGIN |
|---|---|
| 2026-06-30 | 20.02% |
| 2026-03-31 | 42.29% |
| 2025-12-31 | 21.62% |
| 2025-09-30 | 49.85% |
| 2025-06-30 | 35.34% |
| 2025-03-31 | 31.72% |
| 2024-12-31 | 38.09% |
| 2024-09-30 | 50.73% |
| 2024-06-30 | 34.98% |
| 2024-03-31 | 24.33% |
| 2023-12-31 | 34.34% |
| 2023-09-30 | 24.66% |
| 2023-06-30 | 53.26% |
| 2023-03-31 | 21.77% |
| 2022-12-31 | 36.03% |
| 2022-09-30 | 74.37% |
| 2022-06-30 | 21.48% |
| 2022-03-31 | 42.68% |
| 2021-12-31 | 55.65% |
| 2021-09-30 | 13.56% |
| 2021-06-30 | 79.58% |
| 2021-03-31 | 25.75% |
| 2020-12-31 | 61.23% |
| 2020-09-30 | 25.97% |
| 2020-06-30 | 29.57% |
| 2020-03-31 | 27.82% |
| 2019-12-31 | 28.18% |
| 2019-09-30 | 47.48% |
| 2019-06-30 | 29.08% |
| 2019-03-31 | 30.00% |
| 2018-12-31 | 66.48% |
| 2018-09-30 | 33.32% |
| 2018-06-30 | 44.61% |
| 2018-03-31 | 25.18% |
| 2017-12-31 | 42.66% |
| 2017-09-30 | 43.16% |
| 2017-06-30 | 31.06% |
| 2017-03-31 | 45.03% |
| 2016-12-31 | 46.63% |
| 2016-09-30 | 68.87% |
| 2016-06-30 | 39.20% |
| 2016-03-31 | 46.67% |
| 2015-12-31 | 32.26% |
| 2015-09-30 | 43.27% |
| 2015-06-30 | 37.57% |
| 2015-03-31 | 46.93% |
| 2014-12-31 | 32.22% |
| 2014-09-30 | 55.92% |
| 2014-06-30 | 38.14% |
| 2014-03-31 | 35.37% |
| 2013-12-31 | 65.84% |
| 2013-09-30 | -2.75% |
| 2013-06-30 | 9.56% |
| 2013-03-31 | 24.98% |
| 2012-12-31 | 47.54% |
| 2012-09-30 | 33.16% |
| 2012-06-30 | 61.94% |
| 2012-03-31 | 23.37% |
| 2011-12-31 | 134.01% |
| 2011-09-30 | 18.39% |
| 2011-06-30 | 18.41% |
| 2011-03-31 | 13.28% |
| 2010-12-31 | 11.65% |
| 2010-09-30 | 10.93% |
| 2010-06-30 | 23.20% |
| 2010-03-31 | 33.66% |
| 2009-12-31 | 16.72% |
| 2009-09-30 | 27.04% |
| 2009-06-30 | 8.33% |
| 2009-03-31 | 22.77% |
| 2008-12-31 | 0.96% |
| 2008-09-30 | 107.44% |
| 2008-06-30 | 58.23% |
| 2008-03-31 | 22.66% |
| 2007-12-31 | 61.04% |
| 2007-09-30 | 64.41% |
| 2007-06-30 | 24.46% |
| 2007-03-31 | 23.51% |
| 2006-12-31 | 24.30% |
| 2006-09-30 | 21.75% |
| 2006-06-30 | 36.20% |
| 2006-03-31 | 62.19% |
| 2005-12-31 | 54.04% |
| 2005-09-30 | 56.76% |
| 2005-06-30 | 33.04% |
| 2005-03-31 | 42.15% |
| 2004-12-31 | 69.32% |
| 2004-09-30 | 27.70% |
| 2004-06-30 | 20.87% |
| 2004-03-31 | 15.06% |
| 2003-12-31 | 63.20% |
| 2003-09-30 | 36.52% |
| 2003-06-30 | 49.39% |
| 2003-03-31 | 22.77% |
| 2002-12-31 | 39.07% |
| 2002-09-30 | 19.31% |